How to Buy DigitalBits (XDB)

A Step-by-Step-Guide on how to buy DigitalBits (XDB)

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. DigitalBits (XDB) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find DigitalBits (XDB)

Once your deposit has been affirmed, you will immediately have access to your finances and you can start buying and trading. To buy DigitalBits (XDB) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to find DigitalBits (XDB), you will need to put the cointype (XDB) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we have marked this too. Click on “XDB/BTC” to advance.

Binance Hot To Buy DigitalBits (XDB)
Binance How to Buy (XDB) DigitalBits
Step 4 – Buy DigitalBits (XDB)

After you have spotted DigitalBits (XDB), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest price DigitalBits (XDB) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XDB you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of XDB.

When you're glad, make a mouse click on “Buy XDB”. Your order will be filled as soon as a Vendor sells their XDB for the price you gave.

Step 5 – Withdraw DigitalBits (XDB)

Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your DigitalBits (XDB), hover over the tab called “Funds” and mouse click on “Withdraw”. DigitalBits (XDB) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find DigitalBits (XDB) by using the provided drop-down box. Enter the amount of DigitalBits (XDB) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congrats! You've successfully purchased and stored (XDB) DigitalBits.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the (XDB) DigitalBits is stored within your wallet, you are done.